Can Facebook's Libra cryptocurrency survive the exodus?

October 16, 2019

By Lucas Mearian

After the withdrawal of seven of the 29 founding members of the Libra Association, the governing council for Facebook’s planned global cryptocurrency, the project’s fate  looks increasingly uncertain.

PayPal, Visa, Mastercard, eBay, Stripe, Mercado Pago and Brooking Holdings have backed away from participation on the Libra Association; their hands were forced when  all members met Monday in Switzerland for formalize their commitment to the project.

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Source:: Computer World

      

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